(iii) with all systems functioning normally in
accordance with manufacturer’s specifications and in compliance with all applicable FAA Airworthiness Directives and all applicable manufacturer mandatory service bulletins with compliance dates on or prior to the Delivery Date; 


(iv) the engines shall be enrolled on Honeywell MSP Gold service program, the Rockwell Collins avionics shall be enrolled on the Rockwell
Collins Avionics service program and the Honeywell avionics shall be enrolled on Honeywell’s HAPP service program (collectively, “**MSP**”), which shall be fully paid through the Delivery Date; and 


(v) all Aircraft logbooks shall be legible, complete, continuous in the English language and shall comply in all respects with applicable
FARs. 

 (c) Upon delivery of the Aircraft in accordance with the terms of this Agreement, Lessee will execute and deliver the Delivery and
Acceptance Certificate in the form attached hereto as Exhibit A. 

 5. Operations. 


(a) During the Term, Lessee shall be solely and exclusively responsible for the use, operation and control of the Aircraft and Lessee shall use and
operate the Aircraft in a careful manner and in conformity with the Federal Aviation Regulations (“**FARs**”), and applicable laws of any 


 

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